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Search for next Fortescue CEO continues

AAP  |  29 Sep 2017Text size  Decrease  Increase  |  
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SYDNEY - [AAP] Fortescue Metals Group (ASX: FMG) chief executive Nev Power says the iron miner has plenty of time to find his replacement by the time he steps down in February.

"It's a process that the board is going through to identify internal and external candidates and that process will continue," Mr Power said on Friday.

The 59-year old earlier in September announced he would step down, after seven years in charge of the world's fourth biggest iron ore exporter.

Mr Power said he was committed to his role until to February and, while there was no specific deadline for finding his successor, there was plenty of time to find a replacement.

"I am not going anywhere else so they have some flexibility. But, I am sure they will get it done by then," he said on the sidelines of an event in Sydney.


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